Petroleum Products Act, 1977 (Act No 120 of 1977)RegulationsRegulations Regarding the Use of Payment Cards to Purchase Petroleum Products at a Retail Site4. Method of payment for sale of petroleum products at a retail site |
| (1) | A retailer must accept payment in the form of cash. |
| (2) | A retailer may accept payment in the form of a payment card. |
| (3) | A notice on the type of payment card that is acceptable to the retailer must be prominently displayed. |
| (4) | If no type of payment card is acceptable to the retailer then a notice to that effect must be prominently displayed. |
| (5) | Despite the acceptance of payment in the form of a payment card contemplated in sub-regulation 4(2), the Department of Energy must, for purposes of determining the retail margin, treat all transactions as cash sales. |
| (6) | The Department of Energy must determine and publish the cost of cash and the elements thereof on its website. |